News

China remains high on the agenda at the G7 summit

Published

4 years ago

May 6, 2021

Foreign ministers from the Group of Seven wealthy nations have released a strongly worded communique following their first face-to-face talks in two years.

China’s poor human rights record and its economic bullying were at the top of the agenda for the meeting in London.

In a 12,400 word communique, issued following the meeting, the group committed to working collectively to “foster global economic resilience in the face of” what it declares “arbitrary, coercive economic policies and practices.”

Fantastic to meet Foreign Ministers today for the first in-person meeting of the @G7.

Together through cooperation and our collective will we can defeat this pandemic, tackle climate change and foster economic prosperity for all our nations. pic.twitter.com/883FTKd3wU
— Boris Johnson (@BorisJohnson) May 5, 2021

The collective pushback comes after China targeted specific Australian industries, amid a major breakdown in ties between Canberra and Beijing.

G7 nations have also condemned China’s human rights record. The foreign ministers say they are “deeply concerned” by “the targeting of Uyghurs, members of other ethnic and religious minority groups, and the existence of a large-scale network of ‘political re-education camps, and reports of forced labor systems and forced sterilisation.”

Russia has also been criticised by the Group of Seven rich democracies for trying to undermine democracies.

https://twitter.com/MarisePayne/status/1389954293499940864?s=20

Despite the foreign ministers strongly condemning China and Russia, the group won’t be taking any concrete action. It will be up to individual countries to decide what action – if any – they would like to take.

Related Topics:Business Featured trending

Up Next

“Brace for a third wave”: A grim warning from top Indian government advisor

Don't Miss

“It’s atrocious” – Aussie Senator slams Federal Government India ban

ticker NEWS

Click to comment

News

Trump considers slashing China tariffs by over 50%.

Trump considers significant tariff cuts on Chinese imports to ease tensions; negotiations continue as China remains firm.

Published

15 hours ago

April 24, 2025

Ahron Young

Trump considers significant tariff cuts on Chinese imports to ease tensions; negotiations continue as China remains firm.

In a major policy shift, President Trump is exploring a significant cut to tariffs on Chinese imports — a move that could ease tensions between the two superpowers.
Talks are ongoing, and the White House suggests a new tiered approach. China, while open to negotiations, remains firm that it won’t engage under threats.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#ChinaTariffs #TrumpTariffs #TradeWar #USChina #GlobalMarkets #EconomicPolicy #TickerNews #Geopolitics

News

Trump backs Powell, markets surge after policy shift

Trump endorses Powell, calming political fears; markets rise as investor confidence grows.

Published

15 hours ago

April 24, 2025

Ahron Young

Trump endorses Powell, calming political fears; markets rise as investor confidence grows.

Trump backs Powell, markets surge after policy shift.
President Trump has confirmed he won’t fire Federal Reserve Chair Jerome Powell, easing fears over political interference in U.S. monetary policy. His softer tone boosted investor confidence, sending stock futures higher and gold prices down from recent highs.

Experts had warned that removing Powell could cause legal and economic chaos.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#Trump #FederalReserve #JeromePowell #Markets #GoldPrices #StockFutures #USPolitics #TickerNews

News

Vance warns US might withdraw from Ukraine talks

JD Vance warns US may end peace talks as Ukraine rejects Trump’s ceasefire deal after Rubio cancels trip to London.

Published

19 hours ago

April 24, 2025

Ahron Young

JD Vance warns US may end peace talks as Ukraine rejects Trump’s ceasefire deal after Rubio cancels trip to London.

In Short

JD Vance has threatened to withdraw U.S. support for Ukraine peace talks after President Zelensky rejected Trump’s ceasefire proposal.

Meanwhile, Secretary of State Rubio cancelled his attendance at a London meeting, emphasising the need for territorial compromises from both Ukraine and Russia to achieve a ceasefire.

JD Vance has threatened to withdraw U.S. support for Ukraine peace talks following President Volodymyr Zelensky’s rejection of Donald Trump’s ceasefire proposal.

Secretary of State Marco Rubio also cancelled his attendance at the London meeting after Zelensky refused to recognise Russia’s annexation of Crimea.

Vance stated that both Ukraine and Russia need to make territorial compromises to facilitate a ceasefire. He emphasized that if there is no agreement, the U.S. may step back from negotiations.

More discussions

Rubio expressed his intention to follow up on discussions in London but noted that the U.S. must reconsider its involvement if a resolution seems unattainable.

According to reports, Trump’s proposal includes recognising Crimea as part of Russia and restricting Ukraine’s NATO ambitions, while lifting sanctions on Russia and increasing economic cooperation.

Zelensky reaffirmed Ukraine’s commitment to negotiations but insisted on a complete ceasefire following recent attacks that resulted in civilian casualties.

He accused Russia of stalling on diplomatic initiatives while continuing military operations.